Housing Prices in 07103, NJ
How much do homes in 07103, NJ cost?
Median List Price
$382,500
$261/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in 07103 has increased by 29.7% since last year.
Summary: The median home list price in 07103 was $382,500 in March 2024, up 29.7% from the previous year, and the median price per square foot was $261.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $225K | +5.9% |
| 2 Bedrooms | $284K | $299.9K | +5.6% |
| 3 Bedrooms | $299.9K | $334.5K | +11.5% |
| 4 Bedrooms | $278K | $269.5K | -3.1% |
| 5+ Bedrooms | $335K | $619.9K | +85.0% |
Summary: 07103 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 85%.
Housing Supply in 07103, NJ
How many homes are available in 07103, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 90 | 116 | +28.9% |
Summary: The 07103 real estate market had 116 homes for sale in March 2024, a 28.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 62 | 79 | +27.4% |
Summary: The 07103 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.4%.
Days on Market for 07103, NJ
How long does it take to sell a home in 07103, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 158 Days | 98 Days | -37.5% |
Summary: Homes in 07103 had an average listing age of 98 days in Mar 2024, down by 37.5% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.